MCQOPTIONS
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MCQOPTIONS
This section includes 2331 Mcqs, each offering curated multiple-choice questions to sharpen your UGC-NET knowledge and support exam preparation. Choose a topic below to get started.
| 251. |
Which is the entry barrier of industry structure? |
| A. | Economics of scalr |
| B. | Proprietary product differences |
| C. | Brand identity |
| D. | Switching costs |
| E. | All of these |
| Answer» F. | |
| 252. |
Which is the element of economic condition? |
| A. | Nature of economy |
| B. | Level of income |
| C. | Distribution of assets |
| D. | Economic resources |
| E. | All of these |
| Answer» F. | |
| 253. |
The strategic advantages of a small business firm are ___________________ |
| A. | Mobility |
| B. | Unanimity |
| C. | Innovative potential |
| D. | Size of investment |
| E. | All of these |
| Answer» F. | |
| 254. |
Which of the following is not a part of the macro environment? |
| A. | Laws & policies |
| B. | Demographics |
| C. | Suppliers |
| D. | Social values |
| Answer» D. Social values | |
| 255. |
What does red symbolize in BCG matrix? |
| A. | Invest & expand |
| B. | Harvest & earn |
| C. | Harvest & divest |
| D. | Select & earn |
| Answer» D. Select & earn | |
| 256. |
Innovative entrepreneurs may have to pay high insurance premium due to the |
| A. | The need to protect patterns |
| B. | Greater employee liability |
| C. | Greater customer liability |
| D. | Greater trading risk |
| Answer» B. Greater employee liability | |
| 257. |
Strategy intent includes _______________________ |
| A. | Vision |
| B. | Mission |
| C. | Objectives |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 258. |
Strategic management includes ________________ |
| A. | Organizational mission |
| B. | Organizational objectives |
| C. | Organizational strategies |
| D. | All of the above |
| E. | None of these |
| Answer» E. None of these | |
| 259. |
Which of the element of the creative organization? |
| A. | Idea person |
| B. | Open communication |
| C. | Ad hoc devices |
| D. | Decentralized |
| E. | All of these |
| Answer» F. | |
| 260. |
The origin of business policy and strategic management can be retraced to |
| A. | 1930 |
| B. | 1911 |
| C. | 1879 |
| D. | 1938 |
| Answer» E. | |
| 261. |
In GE 9 cell matrix what is the label of the horizontal axis? |
| A. | Relative market share |
| B. | Industry attractiveness |
| C. | Industry growth rate |
| D. | Market growth rate |
| Answer» C. Industry growth rate | |
| 262. |
The process of strategy management starts with ____________________ |
| A. | Determination of product |
| B. | Determination of price |
| C. | Determination of mission |
| D. | Firm |
| E. | Profit |
| Answer» D. Firm | |
| 263. |
Which is the mental quality of a entrepreneur? |
| A. | Hardworker |
| B. | Sharp memory |
| C. | Alertness |
| D. | Sharp mind |
| E. | All of these |
| Answer» F. | |
| 264. |
What does green symbolize in BCG matrix? |
| A. | Invest and expand |
| B. | Select and earn |
| C. | Harvest and divest |
| D. | Both ( a) and (b) |
| Answer» B. Select and earn | |
| 265. |
“Strategy is the pattern of objectives, purpose or goals and major policies and plans for achieving these goals, stated in such a way, so as to define what business the company is in or to be and the kind of company it is or is to be “ who said |
| A. | Michael porter |
| B. | Shirley peters and Ansary |
| C. | Andrews |
| D. | Jauch and glueck |
| E. | All of these |
| Answer» D. Jauch and glueck | |
| 266. |
Business is affected by technological environment to a large extent because it affect the ________________________ |
| A. | Fund of a firm |
| B. | Profit of a firm |
| C. | Product of the firm |
| D. | Operations of the company |
| E. | Profit |
| Answer» E. Profit | |
| 267. |
Which is the quality of an entrepreneur? |
| A. | High profit achievers |
| B. | Entrepreneur Provides leadership |
| C. | Risk takers |
| D. | Entrepreneurship is universal |
| E. | All of these |
| Answer» F. | |
| 268. |
Strategy deals __________________ |
| A. | With demand |
| B. | With product |
| C. | With cost |
| D. | With choice and direction of an organization |
| E. | All of these |
| Answer» E. All of these | |
| 269. |
Which is the component of retrenchment strategy? |
| A. | Turnaround strategy |
| B. | Divestment strategy |
| C. | Liquidation strategy |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 270. |
Strength includes ______________________________ |
| A. | Low cost of production |
| B. | Better product quality |
| C. | Product innovation skills |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 271. |
“Business is a game of skills which everybody cannot play” who said? |
| A. | Emerson |
| B. | Henri P Dalon |
| C. | John Harnaday |
| D. | James Burn |
| E. | None of these |
| Answer» B. Henri P Dalon | |
| 272. |
Which is a project? |
| A. | Service project |
| B. | Welfare project |
| C. | Transport project |
| D. | Small scale project |
| E. | All of these |
| Answer» F. | |
| 273. |
Strength and weakness analysis includes _____________________ |
| A. | Identifying strength and weakness |
| B. | Strategic cost analysis |
| C. | Distinctive competencies |
| D. | Strategic cost analysis |
| E. | All of these |
| Answer» F. | |
| 274. |
Economic policy includes __________________________ |
| A. | Export-import policy (EXIM policy) |
| B. | Monetary policy |
| C. | Fiscal policy |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 275. |
The overall strategy of any firm comprises decision on ________________ |
| A. | Customer mix |
| B. | Product mix |
| C. | Geographic limits of the market to be served |
| D. | Objectives |
| E. | All of these |
| Answer» F. | |
| 276. |
All of the following represent countries in which the highest level of entrepreneurial activity was found except |
| A. | Australia |
| B. | Korea |
| C. | Norway |
| D. | Japan |
| Answer» E. | |
| 277. |
An entrepreneur is __________________________________ |
| A. | Professionalests and practice-oriented |
| B. | Provider of resources |
| C. | Risk takers |
| D. | Opportunist |
| E. | All of these |
| Answer» F. | |
| 278. |
Objectives should be __________________ |
| A. | Measurable |
| B. | Defined in quantitative form |
| C. | Practical |
| D. | Realistic |
| E. | All of these |
| Answer» F. | |
| 279. |
The characteristics of an entrepreneur include |
| A. | Versatility |
| B. | Profit orientation |
| C. | Independence |
| D. | Knowledge of market system |
| E. | All of these |
| Answer» F. | |
| 280. |
Which of the following is NOT on the three areas in which the importance of entrepreneurship can be shown? |
| A. | Innovation |
| B. | No. of new start-ups |
| C. | Job creation and employment |
| D. | Bureaucracy |
| Answer» E. | |
| 281. |
Which is the part of concept of entrepreneurship? |
| A. | Group level reaction |
| B. | Organization building |
| C. | High achievement capacity |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 282. |
Strength cover ____________________ |
| A. | Highly skilled personnel |
| B. | Advantages of tax concessions |
| C. | Effective sales force |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 283. |
“Innovation is the ‘super star’ of entrepreneurship” who said |
| A. | Peter F Drucker |
| B. | James C Van Horne |
| C. | Hansion |
| D. | J.R Dwell |
| E. | All of these |
| Answer» B. James C Van Horne | |
| 284. |
Which is a type of creativity? |
| A. | Normative creativity |
| B. | Exploratory creativity |
| C. | Creativity by serendipity |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 285. |
Which is the form of a entrepreneur? |
| A. | Initial expansion |
| B. | Subsequent expansion |
| C. | Factor innovation |
| D. | Finance |
| E. | All of these |
| Answer» F. | |
| 286. |
Which is economic system? |
| A. | Capitalist system |
| B. | Socialism system |
| C. | Mixed economy(public & private) |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 287. |
Which is the factors affecting the plant layout? |
| A. | Managerial policies and decisions |
| B. | Nature of plant location |
| C. | Plant environment |
| D. | Factory environment |
| E. | All of these |
| Answer» F. | |
| 288. |
The ward tactic is most likely to be associated with |
| A. | Business strategy |
| B. | Corporate strategy |
| C. | Operational strategy |
| D. | All of the above |
| Answer» D. All of the above | |
| 289. |
Entrepreneurship consist of _______________________________ |
| A. | Management is the vechile of entrepreneurship |
| B. | Universal activity |
| C. | Knowledge based behavior |
| D. | Capacity to correct forecast for uncertainties |
| E. | All of these |
| Answer» F. | |
| 290. |
Strategic management begins with ____________________ |
| A. | A mission |
| B. | A plan or planning |
| C. | Product |
| D. | Building |
| E. | Employees |
| Answer» B. A plan or planning | |
| 291. |
Which is the essential trail of creativity in entrepreneurship? |
| A. | Develop an acceptance of change |
| B. | Encourage new ideas |
| C. | Permit more interaction |
| D. | Tolerance failure |
| E. | All of these |
| Answer» F. | |
| 292. |
An entrepreneur can utilize strategies including _______________________ |
| A. | A rent seeking strategies |
| B. | Growth strategies |
| C. | Quality strategy |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 293. |
The creation of new firms is important because these new firms contribute to economic development through benefits that include all of the following except |
| A. | Product-process innovation |
| B. | Increased tax revenues |
| C. | Unemployment |
| D. | Social betterment |
| Answer» D. Social betterment | |
| 294. |
Research relating sales people’s personal characteristics to sales aptitude and job performance suggests there is no single set of traits and abilities that sales managers can use as criteria for deciding what kind of recruits to hire is known as………….. |
| A. | Job analysis |
| B. | Physical examination |
| C. | Projective tests |
| D. | Training |
| Answer» B. Physical examination | |
| 295. |
The three major tasks involved in the implementation stage of the sales management process are: |
| A. | salesforce recruitment and selection, salesforce training, and salesforce motivation and compensation. |
| B. | Developing account management policies, implementing the account management policies, correcting the account management policies. |
| C. | Setting sales objectives, organizing the salesforce, and developing account management policies. |
| D. | Organizing the salesforce, quantitative assessment, and follow-up. |
| Answer» B. Developing account management policies, implementing the account management policies, correcting the account management policies. | |
| 296. |
A manager are team leaders but can fail if _____________________________ |
| A. | Treat sales personnel as equals |
| B. | Exceed customer expectations by bringing additional value |
| C. | Don't have structure and discipline |
| D. | Work closely with internal departments |
| Answer» D. Work closely with internal departments | |
| 297. |
_______ is simply a full listing of the names and contact information for all prospects,categorized by how likely they are to purchase the product. |
| A. | Customer research |
| B. | Adaptive selling |
| C. | Sales pipeline |
| D. | Need assessment |
| Answer» D. Need assessment | |
| 298. |
Lower costs, greater global advertising coordination consistent worldwide image are the ______________________ of international marketing decision. |
| A. | Standardization drawbacks |
| B. | Advertisement regulations |
| C. | Standardization benefits |
| D. | Typical responses |
| Answer» D. Typical responses | |
| 299. |
A sound sales organization increases ……………. |
| A. | Managerial efficiency |
| B. | Organizational behavior |
| C. | Customer relationship |
| D. | Decision |
| Answer» B. Organizational behavior | |
| 300. |
__________ is how the products will benefit the company. |
| A. | New business seller |
| B. | Key account seller |
| C. | Missionary seller |
| D. | Consultative seller |
| Answer» E. | |